Instagram Stories are now more popular than Snapchat Stories

Instagram announced on Thursday that over 200 million people use their stories feature every day, while Snapchat only brings in 158 million daily. The Snapchat clone that launched in August 2016 has been steadily growing in numbers, Earlier this week, Instagram introduced Instagram Direct Snap Inc. has seen their stock drop nearly 1.5 percent this week since the Instagram update, leaving their shares below $20 each.